Morning journal and courier., 1887-06-08
PRESIDENTS, SAVINGS.

1 Figures That Pretend to Show What NIT CleveIand's Predecessors Have Done.
 From the Jacksonville News1 l There seems to be some conflict in opinions | among writers for the press just now about | the amount of money MT. Cleveland is going 1 to accumulate in his presidential term. One | writer the other day declared that the Presi- dent was finding the expenses of his position | worse than the salary. Another says, on the other hand, that he will go out with about l one hundred thousand dollars saved out of | his sala1y. The fact is that neither of them 1 know anything about the matter. He is un- l doubtedly able to live within his income, and with what money he had when he came 1 here and the growth in value of what he has l purchased, it is not improbable that he may l go out of the White House with about one l hundred thousand dollars 1 If he does. it will put him just about on l par in the matter of wealth With the average retiring President. Some of them had more l than that and good many had less As a 1ale the average President is not much of 1 fnancier, and if he accumulates wealth it is l because it gravitates toward him by the at 1 traction of high position. President Arthur was a vely high feeder l and spent great deal of money on his table, 1 but he managed to save about four hundred 1 thousand dollars. Garfield was not in office l long enough to save much money. He left 1 about forty thousand dolla1s, and the gifts | Mrs. Garfield has received have made her a l wealthy woman.
 Mrs. Hayes ran the financial end of the house during Hayes administration, and that 1 she is fnaneier is proved by the amount saved out of his salary.
 Grant never saved much of his sale:y, but 1 the generous gifts of his friends made him l independent. He lost his all in the Grant- l Ward failure. The sale of his book has 1 placed his wife in affiuent position. | When Andrew Johnson left the White 1 House he had about one hundred and fifty l thousand dollars, good deal of which was lost by the failure of the Freedmen's bank.
 Buchanan left over two hundred and fifty | thousand dollars to his nephews and nieces Pierce did not do as well. Fifty thousand
 dollars was his limit, with no one to inherit | it.
 Fillmore left the W hite House a poor man,
 but by a second ma1 riage became wealthy.
 John Tyler went to the White House a poor man, but managed to save enough out of his salary to live in comfort. | James K. Polk left about one hundred thousand dollars. As he had no children
 Mrs. Polk received it all.
 Martin Van Buren did not save much out
 of his salary, but left three hundred thou- sand dollars.
 Andrew Jackson was counted rich man
 in his day. The Hermitage, which he left to
 his adopted son, is now the property of the | State.
 James Monroe died in New York insol-
 vent.
 Of the earlier Presidents, Washington was
 the wealthiest. At his death his estate WAS
 valued at three hundred thousand dollars. Adams was poor, but by his wise, able
 management he never suffered want. | When Jefferson entered the White House he was wealthy man, but he lost his prop erty and died insolvent.
 Madison was wealthy when he became
 President and left handsome estate, which
 Mrs. Madson's son, Payne Todd, squandered and left her a poor woman.